African Affairs Advance Access originally published online on November 27, 2006
African Affairs 2007 106(423):229-251; doi:10.1093/afraf/adl042
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A New Scramble for African Oil? Historical, Political, and Business Perspectives
Jedrzej George Frynas (g.frynas{at}mdx.ac.uk) is Professor of Corporate Social Responsibility and Strategic Management at the Middlesex University Business School, The Burroughs, London NW4 4BT
Manuel Paulo is a PhD candidate at the Middlesex University Business School and a research associate at the Institute for Social and Economic Research, Angola
It has been suggested that Africa is experiencing a New Scramble thanks primarily to its oil and gas wealth, with the United States and the Peoples Republic of China actively competing for access to Africas resources. This article aims to scrutinize the claim that Africa is facing a New Scramble, analysing the nature of the economic and political changes at work, the importance of Africas oil, and the political and economic forces behind the new oil rush. The article starts with an overview of the phenomenon labelled by some as the New Scramble. The main body of the article evaluates the existence of a New Scramble from three subject perspectives: history, international relations, and business studies. Finally, by analysing the likely impact on the economies of oil-producing states, it considers whether we should dismay or rejoice over the New Scramble for Africa. It concludes that the existence of a New Scramble or a USChinese race for Africa should be treated with some caution and that the use of terms such as scramble and race is perhaps misleading, while the economic impact of oil investments is likely to be bleak.
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